Examples of XxxxXxxxx Parent in a sentence
The Parties acknowledge and agree that the obligations of XxxxXxxxx contained in this Development Agreement are the joint and several obligations of XxxxXxxxx Parent and Assignor.
The acceptance of this assignment shall not constitute a waiver of any rights of Mortgagee under the Development Agreement or the Conveyances or constitute a cure of any default by Mortgagor or XxxxXxxxx Parent thereunder.
Notice of the sale shall include a statement of the earliest time at which the sale will occur and shall be given at least twenty-one (21) days before the date of the sale (1) by posting notice at the courthouse door of Andrews County a written notice designating Xxxxxxx County as the county in which the Mortgaged Properties are located, (2) by filing a notice in the Office of the County Clerk of Xxxxxxx County and (3) by Mortgagee by certified mail on Mortgagor and XxxxXxxxx Parent.
The Mortgagor and Mortgagee hereby agree and acknowledge that, as of the date hereof, the maximum amount recoverable under this Mortgage for any failure by XxxxXxxxx Parent or Mortgagor to perform the obligations described in Section 1.3(a) above is $239,499,000; provided, that such amount will be adjusted downward, from time to time, pursuant to Section 2.05(d) of the Development Agreement (such amount, as reduced from time to time, the “Maximum Liability”).
At this point the elements are in place to begin a spatial assessment of risk in realistic stands.
The Mortgagor and Mortgagee hereby agree and acknowledge that, as of the date hereof, the maximum amount recoverable under this Deed of Trust for any failure by XxxxXxxxx Parent or Mortgagor to perform the obligations described in Section 1.3(a) above is $294,300,000; provided, that such amount will be adjusted downward, from time to time, pursuant to Section 2.05(d) of the Development Agreement.
The Mortgagor and Mortgagee hereby agree and acknowledge that, as of the date hereof, the maximum amount recoverable under this Deed of Trust for any failure by XxxxXxxxx Parent or Mortgagor to perform the obligations described in Section 1.3(a) above is $[294,300,000]; provided, that such amount will be adjusted downward, from time to time, pursuant to Section 2.05(d) of the Development Agreement.
The Mortgagor and Mortgagee hereby agree and acknowledge that, as of the date hereof, the maximum amount recoverable under this Mortgage for any failure by XxxxXxxxx Parent or Mortgagor to perform the obligations described in Section 1.3(a) above is $166,050,000; provided, that such amount will be adjusted downward, from time to time, pursuant to Section 2.05(d) of the Development Agreement.
The Mortgagor and Mortgagee hereby agree and acknowledge that, as of the date hereof, the maximum amount recoverable under this Mortgage for any failure by XxxxXxxxx Parent to perform the obligations described in Section 1.3(a) above is $166,050,000; provided, that such amount will be adjusted downward, from time to time, pursuant to Section 2.05(d) of the Development Agreement.